Question: Presented below are data on three promissory notes. Determine the missing amounts. LO4 Date of Maturity Annual Total Note Terms Date Principal Interest Rate Interest
Presented below are data on three promissory notes. Determine the missing amounts. LO4 Date of Maturity Annual Total Note Terms Date Principal Interest Rate Interest
(a) April 1 60 days ? $900,000 9% ?
(b) July 2 30 days ? 90,000 ? $600
(c) March 7 6 months ? 120,000 12% ?
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